£173,950
This estimated value is based upon the latest sale price for the house of £170,000 on 5 Oct 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£170,000 | 5 Oct 2023 |
£131,959 | 8 Jun 2007 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 sq feet |
This model uses changes in the Official Land Registry House Price Index for SHROPSHIRE to estimate the market value.
When this house was purchased in October 2023 the House Price Index for SHROPSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £170,000 results in an estimated price of approximately £173,950.
5 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £170,000 | £3,950 | £173,950 |
The Postcode Pricing Model uses changes in average sales price within the SY13 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -9.342 % | £-15,881 | £154,118 |
3 Month Average | -3.729 % | £-6,339 | £163,660 |
6 Month Average | -8.444 % | £-14,354 | £155,645 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £137,107 | £135,000 | 2 GAMBRELL AVENUE |
5 Oct 2023 | £173,951 | £170,000 | 15 PRINCE WILLIAM CLOSE |
29 Aug 2023 | £140,535 | £138,000 | 39 GAMBRELL AVENUE |
6 Jan 2023 | £173,463 | £173,000 | 42 GAMBRELL AVENUE |
30 Jun 2022 | £194,150 | £190,000 | 37 GEORGE STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 16 Oct 2021. Using an estimated price of £173,951 means this house is valued at £2,350 per sq meter (£218 per sq foot).
The average size of a house on PRINCE WILLIAM CLOSE is 79 sq meters (856 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Prince William Close |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Prince William Close |
Sep 2024 | Violence and sexual offences | Under investigation | On or near George Street |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gambrell Avenue |
Oct 2024 | Drugs | Under investigation | On or near Gambrell Avenue |